Unformatted text preview: estimator or the exact RLS estimator. BM 72 Example: Implementing a stochastic restriction; addressing the expected value and variance of the restriction’s error BM 73-74 GLS and stochastic restrictions: . Exact form of omega-hat for estimation by GLS. . Note how we get elements on the main diagonal of omega-hat . Note the dimension of the main diagonal. New Material: I probably will not get to any. So, I will not list anything....
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This note was uploaded on 12/08/2011 for the course ECON 703 taught by Professor Bernardmorzuch during the Fall '10 term at UMass (Amherst).
- Fall '10